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Cenntro Develops Second-Generation Hydrogen Fuel Cell Class 8 Semi-Tractor and Receives EPA Certification

1. Cenntro announces development of second-generation hydrogen fuel cell semi-tractor. 2. The BM860H has received EPA certification and offers a 528-mile range. 3. Vehicle features rapid refueling and zero emissions, enhancing commercial viability. 4. Final assembly will occur in Southern California, focusing on U.S. sourced parts. 5. Management highlights the milestone for hydrogen technology in the commercial sector.

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FAQ

Why Bullish?

The announcement of an innovative hydrogen vehicle could attract investor interest, similar to prior advancements by Tesla which boosted stock prices dramatically for EV companies.

How important is it?

The advancement of the BM860H places Cenntro in a competitive position within the hydrogen fuel cell market, indicating significant growth potential in the electric vehicle sector.

Why Short Term?

Initial investor excitement is likely in the months following the announcement, but sustained interest will depend on market response and sales results.

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FREEHOLD, N.J.--(BUSINESS WIRE)--Cenntro Inc. (NASDAQ: CENN) (“Cenntro” or the “Company”), a pioneering electric commercial vehicle company with advanced, market-validated, and purpose-built vehicles, today announced the development of its second-generation hydrogen fuel cell Class 8 semi-tractor, the “BM860H”. The vehicle has received certification from the U.S. Environmental Protection Agency (“EPA”). Developed by Cenntro’s wholly owned subsidiary, Bison Motors Inc., the BM860H builds on the foundation of its predecessor with key performance enhancements. The vehicle is powered by a 210kW hydrogen fuel cell system and provides an estimated driving range of up to 528 miles with a full payload. The vehicle features rapid refueling capabilities while producing zero emissions. The BM860H meets all applicable Federal Motor Vehicle Safety Standards (“FMVSS”) and has obtained EPA certification while certification from the California Air Resources Board (“CARB”) is currently under review. Cenntro plans for key components for the BM860H to be sourced primarily from U.S. based manufacturers, with final assembly taking place at Cenntro’s production facility in Southern California. “This achievement marks an important milestone for our team and for hydrogen vehicle technology in the commercial sector,” said Peter Wang, Chairman and CEO of Cenntro. “I commend our team for their hard work and dedication in bringing this next-generation vehicle to completion.” About Cenntro Cenntro (NASDAQ: CENN) is a pioneering maker and provider of electric commercial vehicles (“ECVs”). Cenntro's purpose-built ECVs are designed to serve a variety of commercial applications inclusive of its line of class 1 to class 4 trucks. Cenntro is building a globalized supply-chain, as well as the manufacturing, distribution, and service capabilities for its innovative and reliable products. Cenntro continues to evolve its products capabilities through advanced battery, powertrain, and smart driving technologies. For more information, please visit Cenntro's website at: www.cenntroauto.com. Forward-Looking Statements This communication contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. Such statements may be, but need not be, identified by words such as "may," "believe," "anticipate," "could," "should," "intend," "plan," "will," "aim(s)," "can," "would," "expect(s)," "estimate(s)," "project(s)," "forecast(s)," "positioned," "approximately," "potential," "goal," "strategy," "outlook" and similar expressions. Examples of forward-looking statements include, among other things, statements regarding assembly and distribution capabilities, decentralized production, and fully digitalized autonomous driving solutions. All such forward-looking statements are based on management's current beliefs, expectations and assumptions, and are subject to risks, uncertainties and other factors that could cause actual results to differ materially from the results expressed or implied in this communication. For additional risks and uncertainties that could impact Cenntro’s forward-looking statements, please see disclosures contained in Cenntro's public filings with the SEC, including the "Risk Factors" in Cenntro's Annual Report on Form 10-K filed with the Securities and Exchange Commission on April 1, 2025 and which may be viewed at www.sec.gov.

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